Welcome to this spacious and well-maintained 2-bedroom, 2.5-bath townhome, perfect for comfortable living and effortless entertaining. Step inside to find an inviting main level featuring a modern kitchen with ample cabinet space, and an eating area. Open dining room with abundance of natural light flowing into family room with gas fireplace. A convenient half-bath completes the main floor. Upstairs, you'll find a loft plus two generously sized bedrooms, each with its own en-suite full bathroom-ideal for privacy and relaxation. The primary suite boasts a large closet and plenty of natural light. Downstairs, the full basement offers endless potential. Partially finished, it includes a versatile flex space that can be used as a family room, home office, gym, or hobby area. The unfinished portion provides ample storage or the opportunity to expand your living space. Additional highlights include in-unit laundry, dedicated parking, and a private outdoor area perfect for relaxing or grilling. Located in a quiet community with easy access to shopping, dining, and commuter routes, this townhome is a must-see!
Closed
$310,000
514 Madison Ln, Elgin, IL 60123
2beds
1,771sqft
Townhouse, Single Family Residence
Built in 2005
-- sqft lot
$320,000 Zestimate®
$175/sqft
$2,534 Estimated rent
Home value
$320,000
$288,000 - $355,000
$2,534/mo
Zestimate® history
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$2,514/mo
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List your homeWhat's special
Gas fireplaceGenerously sized bedroomsPrimary suiteVersatile flex spaceIn-unit laundryOpen dining roomAbundance of natural light
Zillow last checked:
Listing updated:
Listed by:
Melissa Roll 815-219-8184,
HomeSmart Connect, LLC.
Bought with:
Isabella Webb
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12387736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Loft, Eating Area, Foyer
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Second
- Area: 210 Square Feet
- Dimensions: 15X14
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 130 Square Feet
- Dimensions: 13X10
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15X11
Eating area
- Features: Flooring (Hardwood)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Family room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 255 Square Feet
- Dimensions: 17X15
Foyer
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14X9
Kitchen
- Features: Kitchen (Eating Area-Table Space, Pantry-Closet), Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Laundry
- Features: Flooring (Vinyl)
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8X6
Loft
- Features: Flooring (Carpet)
- Level: Second
- Area: 150 Square Feet
- Dimensions: 15X10
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Unit, Sink
Features
- Basement: Partially Finished,Full
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Family Room
Interior area
- Total structure area: 1,000
- Total interior livable area: 1,771 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Garage Door Opener, Yes, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Deck
Lot
- Dimensions: 28X77X30X77
Details
- Parcel number: 0609376030
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2005
Details
- Builder model: BIRCH
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Madison Homes
HOA
- Has HOA: Yes
- Services included: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
- HOA fee: $260 monthly
Location
- Region: Elgin
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $304,236
- Annual tax amount: $6,194
- Date on market: 6/18/2025
- Listing terms: Conventional
- Ownership: Fee Simple w/ HO Assn.
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $310,000-6.1%$175/sqft |
Source:  MRED as distributed by MLS GRID #12387736 Report a problem | ||
| 10/10/2025 | Listed for sale | $330,000$186/sqft |
Source: MRED as distributed by MLS GRID #12387736 Report a problem | ||
| 6/21/2025 | Contingent | $330,000$186/sqft |
Source: MRED as distributed by MLS GRID #12387736 Report a problem | ||
| 6/18/2025 | Listed for sale | $330,000+28.9%$186/sqft |
Source: MRED as distributed by MLS GRID #12387736 Report a problem | ||
| 10/21/2005 | Sold | $256,000$145/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,516 +5.2% | $101,412 +8.6% |
| 2024 | $6,195 -4.9% | $93,407 +10.7% |
| 2023 | $6,512 +5.8% | $84,386 +9.7% |
| 2022 | $6,152 +4.6% | $76,945 +7% |
| 2021 | $5,883 +2.9% | $71,938 +4.7% |
| 2020 | $5,716 +3% | $68,676 +5% |
| 2019 | $5,549 -6.5% | $65,418 -0.9% |
| 2018 | $5,935 +2.3% | $66,034 +5.8% |
| 2017 | $5,804 -6% | $62,425 +7.8% |
| 2016 | $6,177 | $57,914 +9.1% |
| 2015 | -- | $53,084 +15.5% |
| 2014 | -- | $45,979 -2.6% |
| 2013 | -- | $47,191 -7.4% |
| 2012 | -- | $50,974 -10.7% |
| 2011 | -- | $57,063 -9.7% |
| 2010 | -- | $63,158 -6.7% |
| 2009 | -- | $67,708 -5.1% |
| 2008 | -- | $71,342 -5.4% |
| 2007 | -- | $75,399 +4.2% |
| 2006 | -- | $72,367 |
Find assessor info on the county website
Neighborhood: Valley Creek
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Nearby schools
GreatSchools rating
- 6/10Creekside Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 3/10Kimball Middle SchoolGrades: 7-8Distance: 1.1 mi
- 3/10Larkin High SchoolGrades: PK,9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Creekside Elementary School
- Middle: Kimball Middle School
- High: Larkin High School
- District: 46
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$320,000
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Estimated market value
$320,000
- Illinois
- Kane County
- Elgin
- 60123
- Valley Creek
- 514 Madison Ln
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